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When a massive disruption such as a global pandemic hits, many businesses realize that their legacy planning solutions are not capable of providing the insights they need to manage such disruptions effectively. Companies are now evaluating alternatives to ensure they are better prepared in the future. What they need is a supply chain solution that will enable them to stay on top of problems, minimize damage and stay ahead of competitors.
Even before the World Health Organization (WHO) declared COVID-19 a pandemic on March 11, 2020, the novel coronavirus was already disrupting the global supply chain. On a daily basis we get reports about the healthcare crisis impacting business processes, consumer habits, and the worldwide economy. Without a doubt, COVID-19 is wreaking havoc on most of.
Almost every company is currently experiencing demand disruption. Food and consumer goods manufacturers along with their retail counterparts are dealing with unprecedented highs across consumer channels, while “non-essential” companies are being plagued with historical lows. In both cases, planning for the future has become increasingly difficult. It is often during seasons of tremendous uncertainty that … The post 5 Tips for Supply Chain Planning in a Turbulent Environment appeared first
Even these services struggled to deliver. While manufacturing also suffered, the transportation shortage was undoubtedly one of the biggest supply chain problems, in addition to the availability of stock, due to lockdown and increased demand on at-home deliveries.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. We are all instructed to keep 6 feet apart from anyone, wear masks, and avoid any social gatherings and don’t touch.
One of the biggest mistakes companies often make is chasing after the next, new shiny technology application without first clearly defining the business problem or opportunity they’re looking to address — and without first getting their data in order. Why do companies still struggle with data quality management? How do you get over the change.
One of the biggest mistakes companies often make is chasing after the next, new shiny technology application without first clearly defining the business problem or opportunity they’re looking to address — and without first getting their data in order. Why do companies still struggle with data quality management? How do you get over the change.
When it comes to understanding how customers interact with ecommerce brands, packaging is by far one of the most ubiquitous elements. It’s a necessary part of getting your goods from A to B securely, but has much wider consequences than just your business. It’s predicted that global ecommerce sales will hit $4.5 trillion by 2021 , a staggering 246% increase since 2014.
Increasing efficiency and lowering costs is the mission of logistics. Fewer loads, better driver utilization, mode shifting, and minimizing miles through better routing not only reduce your freight costs, these measures also result in less fossil fuel consumption, fewer emissions, and reduced environmental impact. Increasing supply chain efficiency benefits more than the bottom line Logistics … The post Green Logistics and Transportation Optimization – A Win-Win Opportunity appeared first
The future remains uncertain as the country continues to combat COVID-19. A big question facing the nation is when and how to re-open the economy. While some states are pushing to re-open their economy (or beaches, in the case of Florida), others are cautioning that doing so too early would be socially irresponsible and bad for the economy. The ongoing pandemic has put added strain on the global supply chain, with companies exploring new fulfillment […].
Regardless of industry, it seems we all face similar challenges. Think of the fast-paced fashion and apparel companies who must contend with rapid turnover of designs, features, styles, colors and product line assortment and the need to meet regional and sometimes localized customer product requirements. Food and beverage, consumer electronics, life sciences, durable goods all have to deal with product seasonality, lifecycles, assortments, promotions and demand signals across multiple planning h
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
The metals industry has always been competitive and difficult, but the recent COVID-19 crisis has made the business climate even more challenging. The industry is looking at current developments with great concern as important customer sectors have already begun to stop or significantly reduce production. During this time, it’s even more crucial to improve internal planning to make better decisions more quickly.
These are trying times for supply chain planners. The effects of COVID-19 are unlike anything we have seen in recent decades. Disruption abounds, and as Lora Cecere writes , “ the only constant will be surprise.” Supply Chain Dive reports that 75% of firm s in the US alone have reported supply chain shocks as a result of the pandemic. Do supply chain professionals believe they have a planning process that is robust enough to absorb these shocks and prepare for the future?
The mechanical engineering industry is feeling the consequences of the corona pandemic with increasing force. A very recent survey by VDMA, the German association for the mechanical engineering industry, was answered by 965 member companies and clearly shows this. The share of companies whose operations are affected rose from 60 to 84 percent within two weeks.
Do you remember the days when we used to attend these things called “conferences”? In a big room, with hundreds of other people, none of them wearing masks. Crazy, wasn’t it! . Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
The COVID-19 virus is affecting supply chains around the world with huge peaks in demand and disruption on a scale most could not imagine prior to the current crisis. This is creating huge pressure and challenges for many businesses and organizations. What we are doing today helps us learn how to cope with tomorrow’s challenges. Solutions that we put in place today will continue to provide value and develop best practices that will connect us and make us more proactive in the future.
The demand for package delivery continues to grow as consumers do more of their shopping online. At the same time, the supply chain is increasingly moving toward just-in-time delivery, meaning logistics companies have less room for error. The loading dock is at the heart of any distribution center, and optimizing loading and unloading is essential to.read More.
This past Monday was Patriots Day, which in Boston is one of the best sports days of the year. But, due to coronavirus, the Boston Marathon has been pushed off until September (hopefully) and the Red Sox season is on hold. Usually, millions of spectators flock to the historic marathon route to cheer on the word’s best as well as weekend warriors as they push their bodies to the limits with the hope of making […].
The manufacturing industry is facing unique challenges during Covid-19. While the rest of the world is put on hold, manufacturing companies continue to operate and produce essential products. They are keeping stores stocked and making sure that we can all have exactly what we need during this time of uncertainty. Manufacturing companies provide a crucial […].
The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.
In the world of commerce, every business ecosystem has a type of supply chain that is critical to corporate operations.These supply chains rely on a network of plants and facilities to add value to, and transform, raw materials into a final product. Any disruption or sub-optimization in the supply chain can and will significantly impact a company’s profitability.
Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. Although the name invokes the fears of coding and advanced systems, it refers to the process of buying a product online and picking it up in the store, i.e., BOPIS. This concept gives supply chains a non-traditional means of fulfilling orders and.read More.
AGCO is a supply chain success story. This is the inside story of AGCO's response to the pandemic and how they developed such an agile supply chain. Agility does not just happen. This global manufacturer of agricultural equipment began their journey to improved supply chain resiliency in 2004. The post A Very Agile Supply Chain: The Inside Story of AGCO’s Response to COVID-19 appeared first on Logistics Viewpoints.
These are trying times for supply chain planners. The effects of COVID-19 are unlike anything we have seen in recent decades. Disruption abounds, and as Lora Cecere writes , “ the only constant will be surprise.” Supply Chain Dive reports that 75% of firm s in the US alone have reported supply chain shocks as a result of the pandemic. Do supply chain professionals believe they have a planning process that is robust enough to absorb these shocks and prepare for the future?
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
So, the promise of using statistical algorithms, forecasting and predictive analytics is now added to the list of a company’s number one priorities. There is a sense of urgency surrounding this new high-profile initiative. One may ask, “What’s next?” Here are a few steps that you will need to take to deploy your forecasts successfully. 1. Define the project.
Fill out the Form Below to Get a Free Copy of the White Paper to Your Inbox! The novel coronavirus, officially known as COVID-19, poured over global supply chains and brought untold disruption. The age of maintaining efficiency in place of responsiveness is now over. Supply chains of all sizes continuously work around the clock.read More. The post [WHITE PAPER] Freight Management Amid Uncertainty appeared first on Transportation Management Company | Cerasis.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This week, we look at BluJay Solutions’ Freight Market Index. As we all find ourselves in uncharted territory with the COVID-19 pandemic, data is as critical as ever to making smart decisions.
Earlier this month, I was a guest on Manhattan Associates’ Nucleus of Innovation, a retail and supply chain podcast series “where we tackle some of the most important topics in the industry and learn how leaders are managing their supply chain challenges every day.” I was joined by Gregg Lanyard, Transportation Product Director at Manhattan. Read more [Podcast] The Impact of COVID-19 on Transportation Networks.
Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.
Many observers are currently talking about how we could go back to normal as quickly as possible. But what is “normality” and is it desirable? Should we really turn to cost reduction and just-in-time processes again? Wasn’t that the reason to put all medical supply eggs in the China basket? Didn’t that make our supply chains extremely vulnerable?
Ever feel as if you’ve been left behind when it comes to technology? I have eight grandkids, and they often act as my ‘help line’ to bring me forward to today’s technological advancements as I struggle to stay in my comfort zone. It can feel a bit overwhelming, so let me tell you about my own experience as I wade into the age of digital transformation.
Even these services struggled to deliver. While manufacturing also suffered, the transportation shortage was undoubtedly one of the biggest supply chain problems, in addition to the availability of stock, due to lockdown and increased demand on at-home deliveries.
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